Vanguard Mega Cap Value ETF $MGV Stock Position Trimmed by Worth Asset Management LLC

Worth Asset Management LLC trimmed its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 41.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,575 shares of the company’s stock after selling 6,741 shares during the quarter. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.1% in the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock worth $2,260,741,000 after acquiring an additional 166,009 shares during the last quarter. Bank of America Corp DE grew its holdings in Vanguard Mega Cap Value ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock valued at $672,454,000 after purchasing an additional 117,605 shares during the last quarter. Royal Bank of Canada raised its position in Vanguard Mega Cap Value ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock worth $105,445,000 after purchasing an additional 56,722 shares during the period. BTG Pactual Asset Management US LLC raised its position in Vanguard Mega Cap Value ETF by 238.0% in the 2nd quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock worth $118,376,000 after purchasing an additional 509,956 shares during the period. Finally, Strategic Investment Advisors MI lifted its stake in Vanguard Mega Cap Value ETF by 30.9% in the first quarter. Strategic Investment Advisors MI now owns 434,386 shares of the company’s stock worth $63,013,000 after purchasing an additional 102,517 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV traded down $0.07 during trading hours on Wednesday, hitting $162.56. 145,067 shares of the company’s stock traded hands, compared to its average volume of 259,817. The firm has a market capitalization of $13.60 billion, a P/E ratio of 18.48 and a beta of 0.72. The business has a fifty day moving average price of $165.80 and a 200-day moving average price of $159.41. Vanguard Mega Cap Value ETF has a 1 year low of $135.26 and a 1 year high of $169.84.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.